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$185,000

76 Gerrard St E

Toronto C08, ON M5B 1G6

76 Gerrard St E, Toronto C08Listed at $185,000 Sale Of Business. MLS® C13628236.

Possession · seller's timeline

Flexible

1,500Sq Ft
Restaurant
Sale Of Business

Description

An exceptional opportunity to acquire a fully built-out, 1,500 sq. ft. turnkey restaurant space located at 76 Gerrard Street East, in the heart of downtown Toronto. Currently operating as a fully equipped Omakase Japanese restaurant, this premium location is positioned directly across from Toronto Metropolitan University. The property benefits from high-traffic visibility, dense pedestrian footfall, d immediate proximity to high-density residential condominiums, making it an ideal venue for established brands, expanding franchises, or independent operators. The premises feature an LLBO license accommodating 70 indoor seats and 59 outdoor patio seats. The versatile layout allows for seamless conversion to suit any culinary concept. Exceptionally low monthly rent of approximately $ 8,000 (inclusive of TMI and HST).

Property Details

Property TypeSale Of Business
CommunityChurch-Yonge Corridor
Dir/Cross StChurch St And Gerrard St
Garage TypeNone
Heating TypeGas Forced Air Open
A/CYes
HSTIn Addition To
Listed Date8/1/2026
Days on Market36 days
PossessionTBA

Business Details

Property Sub-TypeSale Of Business
Business TypeRestaurant
Property UseWithout Property
Occupant TypeOwner
Hours of OperationLunch: TUE - SUN 12:00 pm | 1:15 pm ; Dinner: TUE - SUN 6:00 pm | 8:30 pm
FranchiseNo
Chattels IncludedYes
Seating Capacity18
Full-Time Employees3
Financial StatementsNot Available
Showing RequirementsSee Brokerage Remarks
Possession TypeFlexible
Listing Expires1/31/2027

Commercial Space & Financials

Retail Area1,500 Sq Ft
Same-day showings available
5.0Rated 5 stars on Google ReviewsWhatsApp Us About This Listing

Property Insights

Listing Courtesy of: HOMELIFE BROADWAY REALTY INC.

MLS® #C13628236

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

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About Toronto Real Estate

This Sale Of Business is located in the Church-Yonge Corridor community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity.

TTC subway & streetcar networkWorld-class dining & entertainmentUniversity of Toronto & major hospitals nearbyWaterfront trails & ravine parks
Walkability: Highly walkable — many neighbourhoods score 80+ on Walk Score
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